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Search Results: citation:"90 FR 12607"

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2025-04348 — Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Options on the Grayscale Ethereum Trust ETF, the Grayscale Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF
March 18, 2025
Type:Notice
Citation:90 FR 12607
Reading Time:about a minute or two
The Cboe EDGX Exchange filed a proposal with the Securities and Exchange Commission (SEC) to list and trade options on certain Ethereum Trust ETFs. This proposal was filed on February 5, 2025, and an amendment followed on February 6, 2025. The SEC has decided to extend the standard 45-day review period to give it additional time to consider this proposal, setting a new deadline of May 27, 2025, to make a decision. No public comments were received on the proposal.
Simple Explanation
Cboe EDGX Exchange wants to make new products called "options" available for Ethereum funds, but the SEC needs more time to think about this decision. They have until the end of May to decide if it's a good idea.
2025-04325 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rules 8.16 and 9.2 Related to the Production of an Annual Report From Trading Permit Holders to the Exchange
March 18, 2025
Type:Notice
Citation:90 FR 12607
Reading Time:about 5 minutes
The Cboe Exchange, Inc. has proposed a change to their Rules 8.16 and 9.2, aiming to align their supervisory reporting process for Trading Permit Holders with the standards set by FINRA and NYSE. The Securities and Exchange Commission (SEC) published this notice to gather feedback from the public. The change is effective immediately as the SEC waived the typical 30-day delay, believing it will ease the annual reporting procedures for members who are also involved with NYSE and/or FINRA. Interested parties are invited to submit their comments, with a deadline for submissions set for April 8, 2025.
Simple Explanation
The Cboe Exchange wants to change some rules to make it easier for their members to do yearly reports, just like two other big groups do. This change is happening right away, and people can tell what they think about it until April 8, 2025.

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